"Las Mojarritas" is one of the larger and more unified groups. It currently has 16 members. Each one has developed a business activity with the intention of having better living conditions. This group is from the community of Cerro Mojarra La Capilla, which is located on the shore of a large lake. Most of the people are fishermen or fishmongers who sell "mojarra" (a fish similar to tilapia).

Margarita is 52 years old and married to Navor, a vendor. They have four children who are students. Three years ago, Margarita opened a small grocery store along the main street in her community in hopes of generating income to provide her children with an education and a better life. She opens her business very early and says she likes having it well-stocked because her customers can always find what they are looking for and return to buy more. In addition, it should be noted that Margarita's store is located on the edge of the road, so she is able to sell to a few more people who are also coming to buy fish in her community. Margarita has plans to invest her loan in the purchase of cooking oil, canned foods, candy, detergent, soap, juices, soft drinks, beans, rice, sugar, cheese, cream, milk, chili peppers, and other products to sell. Her goal is to someday have the opportunity to expand her business even more so that she can provide better service to her customers.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.